NAICS 523930: Investment Advice
This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis and/or providing customized investment advice to clients on a fee basis.  Establishments providing portfolio management have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio.  Establishments providing investment advice provide financial planning advice and investment counseling to meet the goals and needs of specific clients, but do not have the authority to execute trades.

Illustrative Examples:

Financial planning services, customized, fees paid by client
Investment advisory services, customized, fees paid by client
Managing trusts
Portfolio fund managing

ExioML sector: Services auxiliary to financial intermediation (67)
Region: US | Year: 2022
Sector value added: 469981.27788 M EUR | Employment: 1762.64749713 thousand persons
Sector GHG emissions: 5220632767.54 kg CO2 eq | Energy carrier net total: 101436.728861 TJ | Carbon intensity: 0.011108171778861755

Company: Ladenburg Thlmann Fncl Svcs In
Ladenburg Thalmann has a long and distinguished history of serving the financial needs of individuals, families, and corporations. Our wealth management professionals are committed to understanding clients' needs and helping them to determine both long-, and short-term investment goals and objectives.

Company: Synovus Trust Company NA
Synovus Trust Company, N.A., a subsidiary of Synovus Bank, provides personal trust and estate services, institutional trust services and multi-generational family office services through our Family Asset ManagementSM division.